A decisive close and then continued upside would confirm the current rally and forecast even higher highs ahead.

Chart Courtesy of StockCharts.com
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But if BBH begins a pullback, this is where we expect to see it start. A reversal day or inability to push well above $62.00 a share in the next week would be a bearish sign for this ETF and the entire sector.

That said, we are and have been long BBH and continue to hold a bullish position. If we make a decisive close above current levels, we could see considerably higher highs ahead.

As of this writing, BBH is at $63.38, just fractionally above resistance.